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Enter Symbol:
Rating: TEX
Equal Weight $25
down 23.00 %

Terex Corporation (NYSE: TEX) reiterated to Equal Weight with price target $25 by Barclays

Wednesday,  Jan 27, 2016  3:25 PM ET by Kristen Bailey

The Barclays advised against investing in this stock and the price has fallen for a loss. The price fell from $29.34 on 11/03/2014 to $22.67 on 01/27/2016. Barclays reiterated Terex
Corporation (NYSE: TEX) to Equal Weight with price target $25 with today's price of $22.67. Barclays rated Terex Corporation (NYSE: TEX) to Overweight with price target $33 on 11/03/2014, when the price was $29.34. Terex Corporation's stock price lost 23% since then.
By following the previous Barclays's recommendation on TEX, you would have lost 23% in 450 days.

Terex Corporation (Terex) is a diversified global manufacturer of capital equipment focused on delivering reliable, customer relevant solutions for the construction, infrastructure, quarrying, surface mining, shipping, transportation, refining and utility industries. The Company operates in five segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, Terex Materials Processing & Mining and Terex Roadbuilding, Utility Products and Other. On March 3, 2008, the Company completed the acquisition of ASV Inc. In July 2009, Terex completed the acquisition of the port equipment businesses of Fantuzzi Industries S.a.r.l and Noell Crane.

Barclays



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